CORPORATIONS: Money in the Box

A fascinating rhythm blared last week from Chicago's Seeburg Corp., the world's biggest jukebox maker. Three years ago Seeburg gave mankind the 200-selection machine. This year the sound in Seeburg's gaudy new juke is stereophonic. To the jukebox industry, the new sound is only a little newer than the two young men who call the tune for Seeburg: President Delbert W. Coleman and Board Chairman Herbert J. Siegel. The corporation (fiscal 1958 sales: about $25 million) makes not only jukeboxes but most of Western Union's facsimile equipment, plus key electronic components for...

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